That way, you can clear up anything that might be on your credit that you don't know about, maybe increase your credit a bit, and have plenty of time to look before committing to a house. 

We are a thriving community of hosts committed to providing safe and comfortable haven for individuals and families facing unexpected challenges.

You’ll build your cash flow and learn the ins and outs of property management, which will be invaluable as you move into multifamily investing later.Living in a Multifamily Property: If you’re committed to the multifamily route, consider purchasing a small multifamily property (like a duplex or triplex) where you can live in one unit.

Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.

Or maybe we should go ahead and commit to pay down the house, our mortgage is $1100. 

It's different in Europe where they have more relaxed restrictions on alcohol in terms of age limits, having a beer during lunch at work, wine being less expensive and more prevalent as a daily drink, etc. and they also have a different culture around suing each other over silly stuff as well.

Is it a term commitment or are you just employed with a company until you choose to leave or move on?

And then once I make a commitment its on them to bring the deals in..

I believe in the power of networking and collaboration, which is why I am eager to connect with fellow members here on BiggerPockets.In addition to my work in real estate, I am committed to continuous learning and professional development.

Decide how much time, effort, dedication you want to commit to your real estate endeavor.